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CRA letter on naming rights for business donation and whether advantage for split receipting rules

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Published March 21, 2011by Mark Blumberg

Here is a CRA letter on whether naming rights for provided to a business that made a donation to a registered charity is an advantage under split receipting rules. In other words if a business has a naming opportunity is there a value/advantage in that naming opportunity such that the Canadian charity must reduce the value of the gift when determining the “eligible amount of the gift” for Income Tax Act purposes?

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